Bullboard - Stock Discussion Forum Inner Spirit Holdings Ltd. INSHF

Inner Spirit Holdings Ltd. has established a growing network of recreational cannabis stores across Canada under its Spiritleaf brand. The Spiritleaf network includes franchised and corporate-owned stores. The company aims to be the most knowledgeable and trusted source of recreational cannabis by offering a premium consumer experience and quality curated cannabis products.

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Inner Spirit Holdings Ltd. > Why SP so low?

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Post by purodude on Oct 01, 2019 11:44am

Why SP so low?

With the announcement of the 34th store open, what's everybody's opinion as to why the stock price is still so brutally brutally low. Is the 5 million dollar debt they have? Or is it the fact they trade on the CSE and not the TSX or the tsxv? Anybody and everybody's opinions would be greatly appreciated. I'm holding in long though as I have 75000 shares and I'm considering buying more everybody's help would be greatly appreciated thanks

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Comment by RetiringYoung on Oct 01, 2019 12:03pm

In my opioion, it's because most investors understand they only own a small percentage of most stores, so "34th store open" doesn't mean much. These plays are starting to be judged by quarterly revenues and bottom lines, there's your answer.

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